2016 MNT to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MNT to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MNT to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 25, valuing the pair at 15.6864. Conversely, the yearly low was recorded on December 29, dropping to 12.0981.
This high-to-low spread represents a total annual volatility of 3.5883 IRR. From a start-to-finish perspective, comparing the January average rate of 15.0238 to the December average rate of 12.1430, the exchange rate registered a net change of -19.17% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 15.6864 was up 0.46% compared to the 2015 peak of 15.6147, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MNT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
MNT to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.0525, compared to 13.2917 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7608 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 1.2189 IRR (High: 14.5572 / Low: 13.3383). On the other end, December was the most stable month, with a tight range of 0.1103 IRR (High: 12.2084 / Low: 12.0981).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.1238 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 15.4282) against the same month in 2015 (average: 15.3193), the exchange rate shifted by +0.1089 (+0.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.0706 | 14.9584 | 15.0238 |
| February | 15.0089 | 14.8498 | 14.9491 |
| March | 14.8818 | 14.7626 | 14.7985 |
| April | 15.3078 | 14.7607 | 15.0293 |
| May | 15.2014 | 15.0107 | 15.0861 |
| June | 15.6864 | 15.1986 | 15.4282 |
| July | 15.3663 | 14.5889 | 14.9279 |
| August | 14.5572 | 13.3383 | 13.8040 |
| September | 13.6491 | 13.1733 | 13.4448 |
| October | 13.2762 | 12.6936 | 13.0462 |
| November | 12.6799 | 12.2193 | 12.3840 |
| December | 12.2084 | 12.0981 | 12.1430 |